US central bank (FED) Interest decision and the FED President Jerome PowellThis week’s statements are expected with great curiosity in global markets and in the crypto money market. Although a decision to take an interest rate reduction on Wednesday is low, Powell’s messages will guide the markets. At this point, the US away from the growth model with expenditures and focus on the budget discipline is bringing its monetary policies to the forefront. Possible pigeon messages will give in Powell’s statements Bitcoin (BTC) $82,775.63Altcoins and other risky assets can trigger a new rise.
Is the US economic policy changing?
Markets closely follow the changes in the US economic policies. The growth model previously supported by expanding fiscal policy Donald TrumpWith the re -election of president, it turned into a policy to reduce the budget deficit. This is for the markets Fed Interest Decisionsit made it more critical. Even if the Fed does not make an interest rate reduction, Powell’s messages crypto currency It can cause mobility in the market and global markets.
In this process, global economic uncertainties continue to influence. Against this VIX Volatility Index It decreases to 20 levels and indicates that the risk appetite is balanced. Bitcoin is stuck in the range of 80 thousand – 85 thousand dollars. However, the Fed’s possible policy change Crypto Money MarketIt may be the determinant of the new direction.
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The prominent developments in global markets, Bitcoin and Gold
On the other hand, recently USA Developments in economies other than attract attention. Germanycritical election process in ‘ Chinese and the expansionary fiscal policies in Europe have strengthened the stock markets in these regions. Global investors’ direction due to US tightening fiscal policies Europe And AsiaHe turned it into growth stories.
In this period goldIn ounces, the price of $ 3,000 exceeds the threshold, while Bitcoin’s negative correlation with gold continues. In particular, Israel’s attack on Gaza by breaking the ceasefire again at some point safe port Increasing the demand and supporting the rise of gold. However, Bitcoin does not react directly to global developments in the short term and remains more sensitive to liquidity conditions.
Global liquidity conditions may change due to expansion of fiscal policies in the USA, China and Europe. Historically, Bitcoin reacted to such changes with delayed. This indicates that a new wave of ascension may occur in the coming period.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
